Treasury Shares. Each Common Share issued and outstanding immediately prior to the Effective Time which is then held as a treasury share by the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Company, be cancelled and retired and cease to exist, without any conversion thereof.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Washington National Corp), Merger Agreement (Code Hennessy & Simmons Ii Lp), Merger Agreement (Portec Inc)
Treasury Shares. Each Common Share issued and outstanding immediately prior to the Effective Time which is then held as a treasury share by the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Company, be cancelled canceled and retired and cease to exist, without any conversion thereof.
Appears in 5 contracts
Samples: Merger Agreement (Transport Holdings Inc), Merger Agreement (Pioneer Financial Services Inc /De), Merger Agreement (Conseco Inc Et Al)
Treasury Shares. Each Common Share issued and outstanding immediately --------------- prior to the Effective Time which is then held as a treasury share by the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Company, be cancelled and retired and cease to exist, without any conversion thereof.
Appears in 3 contracts
Samples: Merger Agreement (Evergreen Media Corp), Agreement and Plan of Merger (Ginsburg Scott K), Merger Agreement (Ginsburg Scott K)
Treasury Shares. Each share of Common Share issued and outstanding immediately prior to Stock or Preferred Stock held in the Effective Time which is then held as a treasury share by of the Company or by any Subsidiary immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Companyholders thereof, be cancelled and canceled, retired and cease to exist, without any conversion thereofexist as of the Effective Time and no payment shall be made with respect thereto.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Russell Corp), Merger Agreement (Webmd Corp /New/), Merger Agreement (Spheris Leasing LLC)
Treasury Shares. Each share of Company Common Share issued and outstanding immediately prior to the Effective Time which is then Stock held as a in treasury share by the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the CompanyMerger, be cancelled and retired and cease to exist, without any conversion thereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Metromedia International Group Inc), Agreement and Plan of Merger (Metromedia International Group Inc)
Treasury Shares. Each Common Share issued and outstanding immediately prior to the Effective Time which is then held as a treasury share by the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Company, be cancelled and retired and cease to exist, without any conversion thereof.
Appears in 2 contracts
Samples: Merger Agreement (Chancellor Broadcasting Co /De/), Agreement and Plan of Merger (Evergreen Media Corp)
Treasury Shares. Each share of Common Share issued and outstanding immediately prior to Stock held in the Effective Time which is then held as a treasury share by of the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Companyholders thereof, be cancelled and canceled, retired and cease to exist, without any conversion thereofexist as of the Effective Time and no payment shall be made with respect thereto.
Appears in 1 contract
Treasury Shares. Each share of Common Share Stock issued and outstanding immediately prior to the Effective Time which is then held as a treasury share by the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Company, be cancelled and retired and cease to exist, without any conversion thereof.
Appears in 1 contract
Treasury Shares. Each Common Share issued and outstanding immediately prior to the Effective Time which is then held as a treasury share by the Company or any of its subsidiaries immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Company, be cancelled and retired and cease to exist, without any conversion thereof.
Appears in 1 contract
Samples: Merger Agreement (Conseco Inc Et Al)
Treasury Shares. Each Common Share issued and outstanding immediately prior to the Effective Time which is then held as a treasury share by the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action 3 on the part of the Company, be cancelled and retired and cease to exist, without any conversion thereof.
Appears in 1 contract
